# PPP loan: GILBERT & STEARNS INC.
> **$608K** approved 04/29/2021 · Paid in Full · Loan `4970708902`
## Borrower
- **Name:** GILBERT & STEARNS INC.
- **Address:** 30304 Esperanza, Rancho Santa Margarita, CA, 92688-2118
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $611K (100%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $608K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*